2006 Minnesota Statutes

473.753 PROPERTY TAX EXEMPTION; SPECIAL ASSESSMENTS.
Any real or personal property acquired, owned, leased, controlled, used, or occupied by the
authority or county for any of the purposes of Laws 2006, chapter 257, is declared to be acquired,
owned, leased, controlled, used, and occupied for public, governmental, and municipal purposes,
and is exempt from ad valorem taxation by the state or any political subdivision of the state;
provided that the properties are subject to special assessments levied by a political subdivision
for a local improvement in amounts proportionate to and not exceeding the special benefit
received by the properties from the improvement. No possible use of any of the properties in any
manner different from their use under Laws 2006, chapter 257, at the time may be considered
in determining the special benefit received by the properties. Notwithstanding section 272.01,
subdivision 2, or 273.19, real or personal property subject to a lease or use agreement between the
authority or county and another person for uses related to the purposes of Laws 2006, chapter
257, including the operation of the ballpark and related parking facilities, is exempt from taxation
regardless of the length of the lease or use agreement. This section, insofar as it provides an
exemption or special treatment, does not apply to any real property that is leased for residential,
business, or commercial development or other purposes different from those contemplated
in Laws 2006, chapter 257.
History: 2006 c 257 s 8